BAJFIN DOUBLE TOP BREAKDOWN

SUMMARY:-
*again avoid a single day action candle we will witness a head and shoulder formation break in daily chart
*in hourly time frame we can see double top formation breakdown
*after initial selloff it re-tested the breakdown zone and came down again
*one can wait to go short at higher levels near the breakdown line of 6900
*or one can initiate fresh shorts at current market price
*target on the downside can be expected near 6660-6600-6500
*if 6500 is broken we will test 6200 very quickly
*rising inflation, interest rates, bond yields and oil prices not good for financials
*keeping aside the ongoing war situation

*this view is my personal view trade with strict stoploss
*once view may differ from others so trade with solid mind
*once in profit and first target is achieved
*trail your trade to short price so it becomes no profit no loss trade
*do not overtrade
*for more index and stock updates check the link in the signature box below
*shorts are active already check out the channel link
*early analysis through link channel
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Comment:

wait for a reversal from morning opening
any reversal from here will be good for downside

Comment:

wait for the low to breach